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Print - 2012-04-26
Anti-polio drive: performance of officers, LHWs, others reviewed

Anti-polio drive: performance of officers, LHWs, others reviewed

The Deputy Commissioner Hyderabad Agha Shahnawaz has warned all concerned officers, lady health workers (LHWs) and other staff assigned in ongoing 3-day anti-polio campaign to be more vigilant and refrain from showing their apathy else action would be tak
Published 26 Apr, 2012 12:00am
Billions being spent on healthcare: Punjab minister

Billions being spent on healthcare: Punjab minister

Punjab Labour Minister, Haji Ehsaan-ud-Din Qureshi has said that Rs 42.30 billion for the provision of healthcare facilities to the people in the province are being utilised. He expressed these views during his visit to Government Nawaz Sharif Hospital, Y
Published 26 Apr, 2012 12:00am
Sindh Education Department to recruit 19,000 teachers

Sindh Education Department to recruit 19,000 teachers

The Sindh Education Department will recruit 19,000 teachers in the province. This was stated by the Provincial Minister for Education and Literacy, Pir Mazhar-ul-Haq. In a statement here on Wednesday, he informed that the move is aimed at overcoming the s
Published 26 Apr, 2012 12:00am
Profit after tax of Lotte Pakistan reduces to Rs 151.111 million

Profit after tax of Lotte Pakistan reduces to Rs 151.111 million

The profit after tax of Lotte Pakistan PTA Limited has reduced to Rs 151.111 million in the quarter ended March 31, 2012 as compared to Rs 2,485.552 million earned in the corresponding quarter in 2011. The board of directors of the company in its meeting
Published 26 Apr, 2012 12:00am
Profit after tax of Lotte Pakistan reduces to Rs 151.111 million

Profit after tax of Lotte Pakistan reduces to Rs 151.111 million

The profit after tax of Lotte Pakistan PTA Limited has reduced to Rs 151.111 million in the quarter ended March 31, 2012 as compared to Rs 2,485.552 million earned in the corresponding quarter in 2011. The board of directors of the company in its meeting
Published 26 Apr, 2012 12:00am
Sindh University holds meeting on diploma, refresher courses

Sindh University holds meeting on diploma, refresher courses

A meeting was convened on Wednesday to discuss the commencement of research and diploma programmes as well as refresher courses at the Center for Rural Development Communication (CRDC) University of Sindh. Professor Dr Parveen Shah acting Vice Chancellor
Published 26 Apr, 2012 12:00am
Soneri Bank posts Rs 679.6 million pre-tax profit

Soneri Bank posts Rs 679.6 million pre-tax profit

Soneri Bank Limited posted a pre-tax profit of Rs 679.60 million for the first quarter 2012. Presiding the Board meeting held earlier this week the Chairman, Alauddin Feerasta expressed satisfaction on the bank's performance during the period and mentione
Published 26 Apr, 2012 12:00am
Soneri Bank posts Rs 679.6 million pre-tax profit

Soneri Bank posts Rs 679.6 million pre-tax profit

Soneri Bank Limited posted a pre-tax profit of Rs 679.60 million for the first quarter 2012. Presiding the Board meeting held earlier this week the Chairman, Alauddin Feerasta expressed satisfaction on the bank's performance during the period and mentione
Published 26 Apr, 2012 12:00am
Profit of PPL after tax increases to Rs 32.269 billion

Profit of PPL after tax increases to Rs 32.269 billion

The profit after tax of Pakistan Petroleum Limited (PPL) has increased to Rs 32.269 billion in the nine-month period ended March 31, 2012, as compared to Rs 24.350 billion earned in the corresponding period in 2011. The board of directors of the Company i
Published 26 Apr, 2012 12:00am
Profit of PPL after tax increases to Rs 32.269 billion

Profit of PPL after tax increases to Rs 32.269 billion

The profit after tax of Pakistan Petroleum Limited (PPL) has increased to Rs 32.269 billion in the nine-month period ended March 31, 2012, as compared to Rs 24.350 billion earned in the corresponding period in 2011. The board of directors of the Company i
Published 26 Apr, 2012 12:00am
PTCL gains net profit of Rs 1,365.16 million

PTCL gains net profit of Rs 1,365.16 million

Pakistan Telecommunications Company Limited (PTCL) has gained net profit of Rs 1,365.160 million in the quarter ended on March 31, 2012 as compared to Rs 949.113 million in the corresponding quarter in FY11. The Board of Directors of the company in its me
Published 26 Apr, 2012 12:00am
PTCL gains net profit of Rs 1,365.16 million

PTCL gains net profit of Rs 1,365.16 million

Pakistan Telecommunications Company Limited (PTCL) has gained net profit of Rs 1,365.160 million in the quarter ended on March 31, 2012 as compared to Rs 949.113 million in the corresponding quarter in FY11. The Board of Directors of the company in its me
Published 26 Apr, 2012 12:00am
MoneyGram awards KASB bank with Super Agent status

MoneyGram awards KASB bank with Super Agent status

KASB Bank has been awarded Super Agent status by MoneyGram International in Pakistan. MoneyGram International is a leading global money transfer company based in the United States. It operates via an agent network of around 267,000 locations in 192 countr
Published 26 Apr, 2012 12:00am
Profit after tax of Askari bank increases

Profit after tax of Askari bank increases

The profit after tax of Askari Bank Limited has increased to Rs 574.130 million in the quarter ended March 31, 2012 as compared to Rs 538.250 million earned in the corresponding quarter in 2011. The board of directors of the bank in its meeting held on We
Published 26 Apr, 2012 12:00am
The Weather

The Weather

The weather report on Wednesday (April 25, 2012) and the forecast for Thursday (April 26, 2012).

Published 26 Apr, 2012 12:00am
Profit after tax of Askari bank increases

Profit after tax of Askari bank increases

The profit after tax of Askari Bank Limited has increased to Rs 574.130 million in the quarter ended March 31, 2012 as compared to Rs 538.250 million earned in the corresponding quarter in 2011. The board of directors of the bank in its meeting held on We
Published 26 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
After tax loss of NIB Bank reduces to Rs 145.125 million

After tax loss of NIB Bank reduces to Rs 145.125 million

The after tax loss of NIB Bank has reduced to Rs 145.125 million in the quarter ended March 31, 2012 as compared to after tax loss of Rs 795.184 million in the corresponding quarter in 2011. The board of directors of the bank in its meeting held here on W
Published 26 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
After tax loss of NIB Bank reduces to Rs 145.125 million

After tax loss of NIB Bank reduces to Rs 145.125 million

The after tax loss of NIB Bank has reduced to Rs 145.125 million in the quarter ended March 31, 2012 as compared to after tax loss of Rs 795.184 million in the corresponding quarter in 2011. The board of directors of the bank in its meeting held here on W
Published 26 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 26 Apr, 2012 12:00am
11 killed as jeep falls into gorge near Muzaffarabad

11 killed as jeep falls into gorge near Muzaffarabad

As many as 11 people were killed and 10 others sustained injuries in a road accident in Azad Kashmir here on Wednesday morning. Police said a passenger jeep feel into gorge negotiating a sharp turn near Muzaffarabad. Quoting some passengers, officials sai
Published 26 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 26 Apr, 2012 12:00am
Voluntary pension schemes offer unique tax benefits

Voluntary pension schemes offer unique tax benefits

Where investing in pension schemes has the most pivotal advantage of helping you secure your and your dependants' future, there is another that normally skips the eye - Tax Benefits. Voluntary Pension Schemes (VPS) are customised pension planning investme
Published 26 Apr, 2012 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
Iraq awaiting for response to oil supply offer: envoy

Iraq awaiting for response to oil supply offer: envoy

Iraq is awaiting a reply to its offer to supply oil to Pakistan unconditionally, Ambassador of Iraq Dr Rushdi Al-Ani said on Wednesday. Speaking at a meeting of Karachi Chamber of Commerce and Industry (KCCI) on Wednesday, he said that his country was rea
Published 26 Apr, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
PTI terms increase in power tariff unjust

PTI terms increase in power tariff unjust

Pakistan Tehreek-e-Insaf (PTI) on Tuesday has termed the recent increase in power tariff by 2.38 per unit by Nepra as outrageous. According to a PTI's spokesperson, Nepra has approved a price increase of Rs 0.59 per unit for February and Rs 1.79 per unit
Published 26 Apr, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
Gold prices surge to Rs 48,642

Gold prices surge to Rs 48,642

Gold surged by Rs 171 to Rs 48,642 per 10 grams in the local market on Wednesday as its international price improved to $1,641 an ounce, market sources said. According to Karachi Sarafa Association official, gold in tola (11.664 grams) price also increase
Published 26 Apr, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
Bank Alfalah shows interest in IGI Investment Bank

Bank Alfalah shows interest in IGI Investment Bank

Bank Alfalah Limited has shown interest to acquire IGI Investment Bank and its two subsidiaries. According to information sent to Karachi Stock Exchange, IGI Investment Bank Limited and Bank Alfalah Limited are negotiating for the take-over by Bank Alfala
Published 26 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
KUST's pharmacy department seeks affiliation with PPC

KUST's pharmacy department seeks affiliation with PPC

The students of Pharmacy department Kohat University of Science & Information Technology (KUST) have demanded of the government for affiliating the department with Pakistan Pharmacy Council (PPC), warned that if their, demand not meet within next two week
Published 26 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
UWT announces Ramazan food package for flood-hit people

UWT announces Ramazan food package for flood-hit people

Ummah Welfare Trust, a United Kingdom based charity organisation has announced the Ramazan Food Package worth £2 million for Pakistan, Afghanistan, Kashmir, Somalia, Jordan and Nigeria. In a press release issued on Wednesday said that the organisation wil
Published 26 Apr, 2012 12:00am
US to help enhance Pak-Afghan bilateral trade ties

US to help enhance Pak-Afghan bilateral trade ties

US Consul General in Peshawar, Dr Marie Richards has said that United States would extend every possible support to enhance bilateral trade relations between Pakistan and Afghanistan and attainment of all objectives of the Pakistan Afghanistan Joint Chamb
Published 26 Apr, 2012 12:00am
THE RUPEE: mixed patterns

THE RUPEE: mixed patterns

The rupee moved both ways in relation to the dollar in the currency market on Wednesday, dealers said. The rupee gained three paisa versus the dollar for buying at 90.85 and it also rose by two paisa for selling at 90.90, they said.
Published 26 Apr, 2012 12:00am
Government considering introducing e-governance in all sectors

Government considering introducing e-governance in all sectors

Federal Minister for Information Technology (IT) Raja Pervez Asharaf said that government will try to introduce e-governance in almost all sectors of Pakistan and Capital Development Authority (CDA) would be made first model. E-Governance is the governanc
Published 26 Apr, 2012 12:00am
THE RUPEE: mixed patterns

THE RUPEE: mixed patterns

The rupee moved both ways in relation to the dollar in the currency market on Wednesday, dealers said. The rupee gained three paisa versus the dollar for buying at 90.85 and it also rose by two paisa for selling at 90.90, they said.
Published 26 Apr, 2012 12:00am
BoP loan scam: hearing adjourned to May 17

BoP loan scam: hearing adjourned to May 17

Adjourning the hearing of a Rs 9 billion Bank of Punjab loan scam Wednesday, the Supreme Court issued directives to the counsel for the bank and the owner of Haris Steel Mills to ensure implementation of the Salvage Committee's recommendations in letter a
Published 26 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
CIIT holds 45th convocation

CIIT holds 45th convocation

Comsats Institute of Information Technology (CIIT) held its 45th convocation here on Wednesday where more than 600 graduate and post-graduate students were awarded degrees.
Published 26 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
Illegal Afghan immigrants: KP government to launch 'clean-up' operation

Illegal Afghan immigrants: KP government to launch 'clean-up' operation

The government of Khyber-Pakhtunkhwa has planned to launch a crackdown against the illegal Afghan immigrants in the province. A clean-up operation against Afghan citizens, who have been illegally staying in district Peshawar and its outskirts, will be ini
Published 26 Apr, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 25, 2012).

Published 26 Apr, 2012 12:00am
Vehicles: new-look transfer letters from next month

Vehicles: new-look transfer letters from next month

The Islamabad Capital Territory (ICT) Excise and Taxation Office (ETO) is likely to introduce security-featured transfer letters next month aimed at making the transfer (sale/gift) of vehicles transparent and curbing the use of vehicles in terrorist activ
Published 26 Apr, 2012 12:00am
Prime Minister House rejects news about Musa Gilani

Prime Minister House rejects news about Musa Gilani

The Prime Minister House on Wednesday rejected "pack of lies and devoid of truth" a news story alleging that the PM House was stopping the Anti Narcotics Force (ANF) from summoning Ali Musa Gilani for investigation. A spokesman of the Prime Minister refer
Published 26 Apr, 2012 12:00am
Tweeting 'utter nonsense'!

Tweeting 'utter nonsense'!

"Gilani would make my mother, grandfather proud", so posted Bakhtawar Zardari, in a Twitter message, the other day. Candidly speaking, one does not know, if Prime Minister Gilani is convicted for contempt of court, for his disregard of the directive of th
Published 26 Apr, 2012 12:00am
Syrians arriving in Jordan tell of brutalities

Syrians arriving in Jordan tell of brutalities

Having lost her husband and son to Syrian military gunfire on the Jordanian border this week, a distraught Um Omar does not know why they were killed. "Our family did not join any anti-government protest," the 45-year-old woman says. "None of our relative
Published 26 Apr, 2012 12:00am
Judicial review of fiscal laws

Judicial review of fiscal laws

Judicial review is the means by which the Superior Courts of a country exercise a supervisory jurisdiction over inferior courts, tribunals or other public bodies. It is a specialised remedy in public law. The distinction between public and private law is
Published 26 Apr, 2012 12:00am
VIEWPOINT: Beyond rallies

VIEWPOINT: Beyond rallies

As promised, PTI Chairman Imran Khan managed to attract a huge gathering, despite rain, to his April 20 rally in the restive Balochistan province's capital Quetta - last stop in a maiden mass contact campaign he kicked off in Lahore nearly six months ago.
Published 26 Apr, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Apr, 2012 12:00am
Police performance

Police performance

Speaking at an event recently to honour police officers who had recovered a kidnapped child, Punjab Chief Minister Shahbaz Sharif underscored the need to make police stations symbols of protection where complainants are given respect and provided justice
Published 26 Apr, 2012 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 26 Apr, 2012 12:00am
Don't shy away from going back to IMF

Don't shy away from going back to IMF

While economic managers of Pakistan are outwardly showing a great deal of confidence in the country's solvency and propagating the myth that there was absolutely no need to worry on this account, they seem to be acting on a different game plan in their of
Published 26 Apr, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Apr, 2012 12:00am
UMT students visit LSE

UMT students visit LSE

Students of University of Management and Technology (UMT) visited the Lahore Stock Exchange (LSE) where they were given an insight about practical aspects of the financial institutions by industry professionals.
Published 26 Apr, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 26 Apr, 2012 12:00am
PIA plane's rear wheels jam before landing

PIA plane's rear wheels jam before landing

Rear wheels of Pakistan International Airline (PIA) plane, PK-387, jammed when the plane was about to land at Multan Airport. According to details, PIA flight, PK-387, carrying 43 passengers reached Multan at 03:20 pm. Despite arrival announcement, the pl
Published 26 Apr, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Apr, 2012 12:00am
LDA sets up one-window counter in Johar Town

LDA sets up one-window counter in Johar Town

Lahore Develop-ment Authority (LDA) has set up a special counter at its One Window Cell in Johar Town office for providing necessary information regarding plots of approved private housing societies. According to a LDA's spokesperson on Tuesday, the staff
Published 26 Apr, 2012 12:00am
Three-fifths dispensaries without equipment, medicines: Fafen

Three-fifths dispensaries without equipment, medicines: Fafen

More than three-fifth of 150 dispensaries monitored in 89 districts in March were found to be without syringes, cutters, sterilisers and medicines, a report compiled by Free and Fair Election Network (Fafen) said here on Wednesday. The report said that in
Published 26 Apr, 2012 12:00am
PYO demands removal of Khyber Pakhtunkhwa governor

PYO demands removal of Khyber Pakhtunkhwa governor

Peoples' Youth Organisation (PYO), district Peshawar on Wednesday announced to launch a protest movement against Governor Khyber Pakhtunkhwa, demanding of President and Prime Minister to replace him with a sincere party Jiyala.
Published 26 Apr, 2012 12:00am
Sindh irked by Chashma-Jhelum Link Canal opening

Sindh irked by Chashma-Jhelum Link Canal opening

Sindh on Wednesday sharply reacted to the opening of the Chashma-Jhelum Link Canal and requested the Indus River System Authority (Irsa) to immediately stop the transfer of irrigation water, citing water shortage in the system. On Tuesday, Irsa decided to
Published 26 Apr, 2012 12:00am
Sindh irked by Chashma-Jhelum Link Canal opening

Sindh irked by Chashma-Jhelum Link Canal opening

Sindh on Wednesday sharply reacted to the opening of the Chashma-Jhelum Link Canal and requested the Indus River System Authority (Irsa) to immediately stop the transfer of irrigation water, citing water shortage in the system. On Tuesday, Irsa decided to
Published 26 Apr, 2012 12:00am
Sindh irked by Chashma-Jhelum Link Canal opening

Sindh irked by Chashma-Jhelum Link Canal opening

Sindh on Wednesday sharply reacted to the opening of the Chashma-Jhelum Link Canal and requested the Indus River System Authority (Irsa) to immediately stop the transfer of irrigation water, citing water shortage in the system. On Tuesday, Irsa decided to
Published 26 Apr, 2012 12:00am
LPG price reduced by Rs 7,000 per ton

LPG price reduced by Rs 7,000 per ton

The Oil and Gas Development Company Limited (OGCL) has reduced its base stock price of LPG by Rs 7000 per ton due to low sale and reduced purchase of the commodity by marketing companies and dealers. After the current reduction of LPG prices, domestic cyl
Published 26 Apr, 2012 12:00am
LPG price reduced by Rs 7,000 per ton

LPG price reduced by Rs 7,000 per ton

The Oil and Gas Development Company Limited (OGCL) has reduced its base stock price of LPG by Rs 7000 per ton due to low sale and reduced purchase of the commodity by marketing companies and dealers. After the current reduction of LPG prices, domestic cyl
Published 26 Apr, 2012 12:00am
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